South Africa: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in South Africa

In 2021, the South African market for plastic plates, sheets, film, foil and strip was finally on the rise to reach $X after three years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from South Africa

In 2021, the amount of plastic plates, sheets, film, foil and strip exported from South Africa declined to X tons, waning by -7.1% on 2020 figures. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 27%. Over the period under review, the exports of reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 26%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Zimbabwe (X tons), Zambia (X tons) and Namibia (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from South Africa, together comprising 43% of total exports. Swaziland, Democratic Republic of the Congo, Mozambique, Malawi, Botswana, Nigeria, Saudi Arabia and China lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Malawi (with a CAGR of +23.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Zambia ($X) and Namibia ($X) constituted the largest markets for plastic plate, sheet, film, foil and strip exported from South Africa worldwide, with a combined 44% share of total exports. These countries were followed by Swaziland, Mozambique, Democratic Republic of the Congo, Malawi, Nigeria, Botswana, Saudi Arabia and China, which together accounted for a further 40%.

Malawi, with a CAGR of +23.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into South Africa

In 2021, after three years of decline, there was significant growth in purchases abroad of plastic plates, sheets, film, foil and strip, when their volume increased by 20% to X tons. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of plastic plates, sheets, film, foil and strip soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Germany (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to South Africa, with a combined 40% share of total imports. Indonesia, the United Arab Emirates, the UK, Turkey, South Korea, Portugal, Italy, Israel, Saudi Arabia and Belgium lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +30.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and India ($X) appeared to be the largest plastic plate, sheet, film, foil and strip suppliers to South Africa, together accounting for 34% of total imports. The UK, Belgium, the United Arab Emirates, Indonesia, Israel, Turkey, South Korea, Italy, Portugal and Saudi Arabia lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Turkey, with a CAGR of +25.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, increasing by 7.2% against the previous year. In general, the import price, however, recorded a slight descent. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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